# Ancient Management LP D/B/A Ancient

> Ancient Management LP D/B/A Ancient is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 11, 2026.

- CRD: 324806
- Filed as: ANCIENT MANAGEMENT LP D/B/A ANCIENT
- Legal name: Ancient Management LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324806
- AdvisorCensus page: https://advisorcensus.com/firm/ancient-management-lp-d-b-a-ancient-new-york-ny-324806

## Quick answers

**How is Ancient Management LP D/B/A Ancient compensated?**
On its Form ADV (Item 5.E, October 2026), Ancient Management LP D/B/A Ancient reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Ancient Management LP D/B/A Ancient located?**
Ancient Management LP D/B/A Ancient's principal office is in New York, NY, according to its Form ADV.

**Is Ancient Management LP D/B/A Ancient registered with the SEC or a state?**
Ancient Management LP D/B/A Ancient is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324806.

**How much does Ancient Management LP D/B/A Ancient manage?**
Ancient Management LP D/B/A Ancient reports $838,622,277 in regulatory assets under management in its Form ADV filing dated September 11, 2026 (100% discretionary).

**How have Ancient Management LP D/B/A Ancient's assets and staff changed since 2023?**
In the Form ADV data for Ancient Management LP D/B/A Ancient: Regulatory assets under management: $250,000,000 in the October 2023 data and $838,622,277 in the October 2026 data, up 235%. Total employees: 10 in October 2023 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ancient Management LP D/B/A Ancient serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); other (1).

**Which custodians does Ancient Management LP D/B/A Ancient use?**
Ancient Management LP D/B/A Ancient's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank, N.A. as a custodian holding 10% or more of its separately managed account assets.

**Does Ancient Management LP D/B/A Ancient report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/324806

**What changed in Ancient Management LP D/B/A Ancient's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $531,550,000 to $838,622,277 (+58%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Citibank, N.A.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $838,622,277
- Discretionary: $838,622,277
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $755,099,566 |
| Other | 1 | $83,522,711 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other

### Firm details
- Registered since: 2023 (3 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ancient.co
- ancientlp.com
- LinkedIn @ancientco

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $250,000,000 | 10 | January 26, 2023 |
| October 2024 | $361,363,393 | 11 | March 29, 2024 |
| October 2025 | $448,300,000 | 7 | March 28, 2025 |
| October 2026 | $838,622,277 | 11 | September 11, 2026 |

Regulatory assets under management: $250,000,000 in the October 2023 data and $838,622,277 in the October 2026 data, up 235%.
Total employees: 10 in October 2023 and 11 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $531,550,000 to $838,622,277 (+58%).

### April 2026
- Employees performing advisory functions went from 3 to 5.
- Regulatory assets under management went from $448,300,000 to $531,550,000 (+19%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ancient Management LP D/B/A Ancient (CRD 324806): Form ADV filing data as of October 2026.